Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,500 /mt ($230/mt) |
+ RMB 40/mt (+$6/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 102,500/mt ($15,689/mt) |
+ RMB 2,000/mt (+$302/mt) |
Ex-works |
The local Chinese market price includes 13 percent VAT.
Exchange rate fluctuations are taken into consideration when calculating the weekly price changes.
$1 = RMB 6.5333
Source: SteelHome